When Selling on eBay Always Do Your Research
In past eBay auction tutorials, we’ve talked about how there are people just waiting out there to buy you knowledge, and the best way to sell it to them is through writing ebooks. But whether you’re going to sell ebooks or CDs, you need to do some research before diving in and selling. I know you’re excited about starting your own eBay home business, but spending a nickel’s worth of time on research can save you dollars worth of regret later.
Before you post your first item up for sale, search for related topics on eBay to see what your competitors are selling. If you’re going to write an ebook full of fishing tips, use eBay Search to look for other items with “fishing tips” in the title, or maybe even just “fishing”. The eBay Search window can be found in the upper right of the main eBay page (www.ebay.com), and on every other page on the site!
Don’t be too concerned if there’s someone else out there selling the same thing you’re going to sell, but if there are 1000 other people selling your item, you may want to come up with another idea. Still, through superior marketing (and creating a superior product!), you can still do well. The idea here is to get an idea of how many people are already selling what you want to sell, and for how much they’re selling it for.
Travis J. Lehr on April 16th, 2008 7:20 pm
Yes, always research. I use terapeak. It has faithfully guaranteed my profits time and time again. I detail it all on my website actually and have tons of other free articles as well. Anyway, research is the key, you will fail without it.
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